This article was originally published on Hoban Law Group, and appears here with permission.
Is Cannabis legal in Mexico?
The short answer is that it depends on the use. Mexico is in the process of
cannabis legalization. As of today, the harvesting, growing, transporting, and sale
of adult use cannabis is expressly prohibited by law and sanctioned by the Federal
Criminal Code. However, there are specific rules in place for medical use allowing
such activities. Cannabis is expressly treated as a pharmacological product and
excludes regulation of dietary or food supplements and herbal remedies (i.e. CBD
oils and extracts). Also, adult use is allowed provided you have a judicial resolution
known as an “amparo”, similar to an injunction in the U.S.
Is Hemp legal in Mexico?
Although current legislation does not differentiate cannabis from hemp, the current
Cannabis Bill makes a distinction between cannabis and non-psychoactive
cannabis or industrial hemp with a threshold at 1% THC. If and when the bill is
approved, hemp will be regulated by the Ministry of Agriculture and Rural
Development (SADER), and will have specific rules, different from those that will
apply to psychoactive cannabis.
Are Cannabis medical products legal in Mexico?
Yes. Medical products have been fully authorized for its use in Mexico. Such
products must comply with the requirements that apply for pharmacological
products in addition to other sanitary control measures. Cultivation, manufacturing,
sale, import and related activities do require a special authorization. Patients
seeking cannabis medication must have a controlled prescription form an
authorized medical professional.
If CBD is not legal in Mexico yet, why do I see people buying and selling
products?
With very few exceptions, most CBD products currently sold through social media
or online platforms do not have government authorizations and/or were illegally
imported into Mexico. Law enforcement is increasingly taking action to seize and
crack down on these activities.
Can I grow Cannabis in Mexico?
Cultivation is currently authorized only for medical use, provided certain conditions
and special requirements are met. For adult or recreational use, an “amparo” may
be obtained from a court for home grow. The current bill, if approved, will allow
personal cultivation of up to eight plants per household and for commercial
purposes.
Can I consume Cannabis in Mexico?
Cannabis consumption in Mexico exists within a gray area. An individual can have
possession of no more than 5 grams of cannabis without being arrested.
Notwithstanding the foregoing, administrative sanctions may apply (fines and
detention under 72 hours). As mentioned above, an “amparo” may be obtained
through a legal procedure that could take between 6-12 months based on the
Supreme Court’s ruling in which total prohibition of its consumption was declared
unconstitutional.
Can I export Cannabis products to Mexico?
Only medical products are authorized for customs entrance into Mexico. Such
products may have special authorization from the Federal Commission for the
Protection against Sanitary Risks (COFEPRIS).
When should I be able to invest in the Cannabis industry in Mexico?
It is uncertain if or when the Cannabis Bill will be approved. We expect certain
changes to be implemented in the short and medium-term for a gradual
legalization. This said, the industry for medical and scientific research is open and
opportunities are available to participate throughout the value chain.
If you have any questions, please contact Hoban.Law today!
Read the original Article on Hoban Law Group.
Benzinga's Related Links:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving – don’t get left behind!
Curious about what’s next for the industry and how to leverage California’s unique market?
Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!
Get your tickets now to secure your spot and avoid last-minute price hikes.